Comparing Wells Trecaso Financial Group, LLC Q4 2022 and Q1 2023 13F Holdings

Wells Trecaso Financial Group, LLC is a financial institution and a registered investment advisor. This article will highlight the changes in the holdings of the fund between Q4 2022 and Q1 2023 based on the latest 13F filing. The 13F filing is a quarterly report filed by institutional investment managers with at least $100 million in equity assets under management. The report lists the institution's holdings of Investable Assets, which include stocks, bonds, options, and other securities.

As per the latest 13F filing, Wells Trecaso Financial Group, LLC's total Investable Assets under Management (IAUM) increased by 1.4% from $443,014 million in Q4 2022 to $449,921 million in Q1 2023. The institutional investment manager primarily invests in stocks, which represent 92.41% of its IAUM. The remaining 7.59% of its IAUM is invested in bonds, options, and other securities.

Apple Inc (AAPL) and Microsoft Corp (MSFT) are among the top holdings of Wells Trecaso Financial Group, LLC, and the 13F filing shows that both holdings increased slightly in Q1 2023 with a 27.6% and 21.2% change, respectively. Although Procter and Gamble Co (PG) and Johnson & Johnson (JNJ) are also top holdings, their holdings increased only marginally in Q1 2023.

Palo Alto Networks Inc (PANW) is another top holding of Wells Trecaso Financial Group, LLC that witnessed significant growth of almost 45% in Q1 2023. The institutional investment manager also increased its holdings in FedEx Corp (FDX) and Meta Platforms Inc (META) by 33.8% and 71.4%, respectively.

However, there were some holdings of Wells Trecaso Financial Group, LLC that saw a decline in Q1 2023. The company reduced its holdings in International Business Machs (IBM) and Pfizer Inc (PFE) by 4.6% and 20.2%, respectively. The 13F filing also shows that the holdings of Union Pacific Corporation (UNP), 3M Co (MMM), and Goldman Sachs Group Inc (GS) decreased by 1.0%, 15.0%, and 3.5%, respectively, in Q1 2023.

In conclusion, Wells Trecaso Financial Group, LLC increased its Investable Assets under Management (IAUM) by 1.4% from Q4 2022 to Q1 2023. The institutional investment manager primarily invests in stocks and increased its holdings in some of its top holdings, including Apple Inc (AAPL) and Microsoft Corp (MSFT). At the same time, some of the top holdings, including Johnson & Johnson (JNJ) and International Business Machs (IBM), saw a decline in holdings. These changes in holdings reflect the company's investment strategy and market outlook.